Welcome to LSCM

Welcome to the exciting world of Logistics & Supply chains. I am happy you chose this course LSCM and happier that you are willing to put in the efforts.

This course is all about understanding the mechanics of the drivers of supply chains. The aim of this course is that you should gain enough expertise in the field that you will be able to tell if there is an issue in the supply chain when you study one. And, after identifying the issue(s), you should also be able to resolve those using the techniques you learn in this course.  If you work hard enough in this course, you will not only be able to critique & correct issues, but also be able to draft a SC strategy for a business. It is in your hands what you draw out of this course- to just pass the exam, or to gain a deep understanding of the field.

In order to get there, we will in this course follow a protocol. 

We will first understand what supply chains are and what drives them, in the first two units. Most of  what we see here are the concepts and principles we learnt in the OM & AOM courses that you had taken already. We will spend our time making connections across these concepts and principles and learn how these are linked to each other. 

Second, we will look at how these drivers are used as levers of performance. We will see what decisions you take in which areas of business will have what effect on the ways your customers are served and at what costs to the business. In order to identify these decisions, we will spend good amount of time in exploring each one of these drivers and the potential issues involved.

Third, we will learn how to manage pricing and revenues for better results. Throughout the course, we will be working extensively with caselets - micro cases - representing the decision-making situations we are currently learning. 

At the end of this course, we will be able to  identify and define issues in key levers of performance of SC, resolve supply chain issues in any of its key levers of performance and formulate effective supply chain strategy, which are the objectives of this course.

In order to reach where we intend to, we need to take the right path. This blog is one such routes to completing this course successfully. I shall soon write more about the why, who, what, where, when and the how of this course blog.  Welcome again.